How to Know You're Spending Too Much for Auto Insurance in Green River

Paying for high-priced auto insurance can take a big chunk out of your savings account and make it hard to pay other bills. Comparison shopping is a smart way to lower your monthly bill.

Because there are so many choices, it can be hard to locate the best insurer.

It's important to do rate comparisons on a regular basis because prices are constantly changing. Even if you got the lowest rates two years ago you will most likely find a better rate today. So ignore everything you know about auto insurance because you're going to get a crash course in the tricks you need to know to remove unneeded coverages and save money.

Save big with these discounts

The cost of insuring your cars can be expensive, but you may find discounts that many people don't even know exist. Some discounts apply automatically when you complete an application, but lesser-known reductions have to be specially asked for before they will apply.

College Student - Children who attend school more than 100 miles from home and do not have a car may qualify for this discount.
Accident Waiver - Some insurance companies allow you one accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
Good Student Discount - Performing well in school can be rewarded with saving of up to 25%. This discount can apply until age 25.
Theft Prevention System - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
Driver's Ed - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you won't be that lucky. Any amount of discount will help reduce your overall premium however.

Auto insurance ads bend the truth

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. They all seem to say the same thing about savings if you switch to them. But how can every company claim to save you money? It's all in the numbers.

All the different companies have a preferred profile for the type of driver that earns them a profit. For example, a desirable insured might be over the age of 50, insures multiple vehicles, and chooses high deductibles. A customer getting a price quote who fits that profile will qualify for the lowest rates and most likely will save a lot of money.

Consumers who fall outside this ideal profile will have to pay higher rates which usually ends up with the customer not buying. The ad wording is "customers who switch" not "people who quote" save money. This is how companies can truthfully state the savings.

Because of the profiling, you should get quotes from several different companies. It's impossible to know which insurance companies will give you the biggest savings.

For more Wyoming auto insurance information

Additional information can be found on the website for the Wyoming Insurance Department found here. Visitors are able to read enforcement actions against agents and companies, learn about insurance regulations, find out industry alerts, and file complaints about a company.

Also read more on this Car Insurance FAQ and this page of insurance agents in Green River.

Final considerations

When buying insurance coverage, don't be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at the best price.

Cheaper auto insurance can be found both online and with local Green River insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies do not offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

We covered many ways to reduce auto insurance prices online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from some of the smallest insurance companies. Regional companies may cover specific market segments cheaper than their larger competitors like .